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    Texas Farm and Ranch Retreat Title is generated by Realmo AI

    526 County Road 172, Lawn, TX 79530

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    Claim this Listing
    For Sale
    Under Contract
    $879,000

    Ranch, Farm/Ranch - Lawn, TX

    Type:Farm
    Property size:
    3,475 SF
    Lot size:
    87.99 Acres
    Price / SF:
    $252/SF
    Added:
    Mar 23, 2026
    Days on Market:
    47
    Last Refresh:
    May 8 at 11:06 pm

    Property Features for 526 County Road 172

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Carport, Covered, Driveway, Garage, RV, Secured
    Patio and Porch features
    Patio, Porch
    Interior features
    Cedar Closet(s), Decorative Lighting, High Speed Internet Available, Natural Woodwork, Open Floorplan, Pantry, Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Rain Gutters, Lighting, Private Entrance, Private Yard, Rv/Boat Parking, Storage, Storm Cellar, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Oven - Double, Refrigerator, Washer
    Standard status
    Active Under Contract
    APN
    22509
    Size
    3,475 SF
    Lot size
    87.99 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Fireplace(s), Fireplace Insert
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)

    Building Details

    Year built
    1973
    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Stone
    Roof type
    Metal
    Architectural style
    Ranch
    Additional Structures
    RV/Boat Storage, Storage

    We can help!

    Listing Contact
    Phillip Bruce

    Listing agent Phillip Bruce License #0821513

    Listing office Coldwell Banker Apex, REALTORS 2500 S. Willis, Plano, TX

    Listing date Mar 23, 2026

    MLS# 21166579 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Expansive acreage ideal for agriculture or recreation, offering serene country living.
    • 4 bedrooms and 3 baths provide ample space for comfortable living.
    • Features a second living area with an attached above‑ground bunker for added safety and security.
    • Open floor plan with rustic charm, including wood accents and a fireplace.
    • Modern kitchen appliances and ample counter space.
    • Two water tanks provide excellent fishing opportunities.

    Overview

    Located in Lawn, Texas, this farm and ranch property features a 3,475 square-foot home with 4 bedrooms, 3 baths, and a 2-car garage. The residence offers an open floor plan with rustic charm, warm tones, and wood accents. The kitchen is equipped with modern appliances and ample counter space. The primary suite includes a luxurious en-suite bath. A second living area is present, along with an attached above-ground bunker. The 87.99-acre property includes lush land suitable for agriculture or recreation. Two water tanks provide fishing opportunities. The property is located moments from Abilene or Coleman, offering both country living and convenient access to city amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Lawn
    County
    Taylor
    State
    Texas
    Longitude
    -99.740081
    Latitude
    32.119386

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    FAQs

    What type of property is this?
    Farm - Spacious 4-bedroom home on 87.99 acres in Lawn, TX.
    Where is this farm located?
    The property is located at 526 County Road 172 Lawn, TX.
    What is the asking price?
    The asking price for this property is $879,000.
    What are key features of this property?
    This property features: Expansive acreage ideal for agriculture or recreation, offering serene country living.; 4 bedrooms and 3 baths provide ample space for comfortable living.; Features a second living area with an attached above‑ground bunker for added safety and security.
    (325) 690-4000
    We can help!
    Listing Contact
    Phillip Bruce
    Real Estate License ID: 0821513
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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